Markets
Cuomo Releases 2019 State Budget Proposal
As part of his budget address, Governor Andrew Cuomo says he wants the the Department of Health to look into the impact of legalizing marijuana on NY. But there's contention on the state and federal level. The Democratic governor said the changes are being considered because the federal tax code last month limits state and local tax deductions to $10,000 a year. [Full Article...]
UnitedHealth Group Incorporated (UNH), HSBC Holdings plc — Trending Stocks Alert
Central Bank & Trust Co who had been investing in Unitedhealth Group Inc Com for a number of months, seems to be bullish on the $226.60 billion market cap company. Victory Capital holds 0.13% or 294,518 shares in its portfolio. National Bank Canada has "Outperform" rating and $44 target. Cipher LP reported 0.14% stake. [Full Article...]
Nestle selling United States candy business for $2.9 billion
Giovanni Ferrero, executive chairman of the Ferrero Group , said: "We are very excited about the acquisition of Nestlé's USA confectionary business, which has an outstanding portfolio of iconic brands with rich histories and tremendous awareness". [Full Article...]
Valero Energy Partners LP (VLP) Receives Average Recommendation of "Hold" from Brokerages
About 3.27M shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since January 10, 2017 and is uptrending. It has underperformed by 12.64% the S&P500. On Friday, October 27 the stock rating was downgraded by PiperJaffray to "Neutral". The rating was upgraded by Jefferies to "Buy" on Thursday, June 22. [Full Article...]
McDonald's Renews Sustainable Packaging Goals
Currently, customers can only recycle at roughly 10% of locations. "We have a responsibility to use our scale for good to make changes that will have a meaningful impact across the globe", Francesca DeBiase, McDonald's chief supply chain and sustainability officer, said to Reuters . [Full Article...]
China Goes On The Offensive Against Bitcoin
Ethereum dropped roughly 14% in value in 24 hours while bitcoin slumped to lose around $2000 Dollars according to data from Coindesk . According to the report , the central bank issued an order to local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production. [Full Article...]
Monster Hunter World Latest Gameplay Video Focuses On The Rotten Vale Area
That being said, for those who prefer something a little more subdued, we also get the announcement of the Glacier White version of the PS4 Pro. Instead, each offers a unique style or color scheme, much like we see with the Xbox One S bundles over on the Microsoft side of the fence. [Full Article...]
Singapore and Malaysia rail operators to jointly run Rapid Transit System Link
Singapore's focus on the digital economy is one area in which the two countries can team up on, to promote e-commerce and e-payments, and develop Singapore and Kuala Lumpur as "smart cities", he added. Subsequent concessions will be awarded through open tender. To benefit from economies of scale, the RTS Link is to utilise the same rolling stock, signalling, communication and control technologi... [Full Article...]